Looking at our trend timeframe we see an impulse leg towards the upside from 0.00003000 up to 0.00004500. Stochastic RSI showing momentum heavy favored towards the upside. A close above 0.00005000 activates our trade.
Shifting over to our pattern timeframe we can see resistance @ 0.0004950.
Higher lows being formed, and remaining inside ascending pennant pattern.
Price not showing signs of slowing down, a 4hour close above 0.0004950 triggers trade.
Lastly looking at our trigger timeframe we get a better picture of our higher lows and resistance @ 0.0004950. Momentum short-term looking bearish. Waiting for a break and close above 0.0004950 for a long entry.
Target 1: 0.0007000
Target 2: 0.0010000
Target 3: HODL
